Silver Lake, NJ Employment - Median Household Income, Unemployment Rate

D+

26%

Income/capita NAT. AVG.

17%

Household income NAT. AVG.

44%

Unemployment NAT. AVG.

Index	Silver Lake	New Jersey	National
Income per capita	$22,013	$37,538	$29,829
Median household income	$45,655	$73,702	$55,322
Median income owner occupied	$69,063	$97,281	$70,586
Median income renter occupied	$40,391	$42,169	$35,192
Median earnings male	$53,568	$47,369	$36,919
Median earnings female	$24,766	$32,116	$26,250
Unemployment rate	6.7%	5.2%	4.7%
Poverty level	24.1%	10.9%	15.1%

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Key findings

The income per capita in Silver Lake is 26% lower than the national average
The median household income in Silver Lake is 17% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Silver Lake is 44% higher than the national average
The poverty level in Silver Lake is 59% higher than the national average

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am i middle class

$30,433 $45,655 $91,310

City

$49,129 $73,702 $147,404

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Silver Lake median earnings by income bracket

Silver Lake employment by industry

Labour Type	Male	Female
Construction industry	18.1%	18.1%
Manufacturing sector	6.0%	6.0%
Financial & insurance services	1.5%	1.5%
Wholesale & retail services	5.1%	5.1%
Public administration	14.7%	14.7%
Transportation, warehousing & utilities	13.8%	13.8%
Education, health & social services	23.8%	23.8%
Other	14.4%	14.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Short Hills, NJ	13,700	$250,001	351.9%
Mountain Lakes, NJ	4,249	$225,208	307.1%
Essex Fells, NJ	2,037	$215,104	288.8%
Upper Montclair, NJ	11,439	$214,726	288.1%
Glen Ridge, NJ	7,583	$211,091	281.6%
Silver Lake, NJ	3,970	$45,655	17.5%

Cities with similar population

City	Population	Household Income	National Avg.
West Nyack, NY	3,970	$134,044	142.3%
Le Claire, IA	3,969	$78,534	42.0%
Norton, VA	3,969	$30,518	44.8%
Coronita, CA	3,968	$104,007	88.0%
Fulton, MS	3,968	$37,432	32.3%
Silver Lake, NJ	3,970	$45,655	17.5%

Source: The Silver Lake, NJ employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).